Corporate earnings season is gathering steam with key updates expected soon. Alphabet and Intel reports will influence the market-leading artificial intelligence trade. High profit expectations and Iran war uncertainty are currently impacting investor sentiment. The S&P 500 saw a weekly decline, driven by semiconductor share pullbacks. However, the benchmark index remains significantly up for the year.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment